What happened to Luxbet?

Luxbet shut down in December 2017. The Luxbet brand no longer provides an online bookmaking service.

Luxbet: the early days

In December 2017, Luxbet’s parent company, Tabcorp Holdings, made the decision to shut down the Luxbet brand.

Luxbet commenced operating back in 2008, introduced by Tabcorp as a brand to combat opposition from strong online bookmaking brands like Sportingbet and Sportsbet Australia. Luxbet took on the brands and in doing so provided a first-class offering to its members by providing regular bonuses and promotions that were the equal of any available in Australia.

Luxbet bookmaker review

Whilst in operation, Australian bookmaker Luxbet was highly recommended by Free Bet Deals. Backed by entertainment giant Tabcorp, they offered one of the best online bookmaking services in Australia by providing bonus bets, promotions and great value bet types.

Having the backing of the largest betting company in Australia, in Tabcorp meant that Luxbet was able to reach out to wide audience and offer a range of services different to the TAB brand. However, the rise of the online TAB brand perhaps signalled the death knell for Luxbet, as it soon became evident that all promotion efforts were channeled through the TAB brand and not Luxbet.


Luxbet promotions

Luxbet was one of the first bookmakers to offer weekly bonus bets to its customers These bonuses and refund specials were usually available on a wide range of sports including: horse racing, AFL, NRL, A-League soccer, EPL, NBA, NFL and the tennis. The closure of their business means that these offers are no longer available.

Random deposit bonuses

In addition to the weekly promotions, Luxbet would offer existing customers a deposit bonus for simply making a deposit. It was seen as a way for existing customers to remain loyal. An example of one of these offers is the Luxbet anniversary bonus. A deposit promotion usually offered to existing customers on the anniversary of their registration.

Luxbet Best of the best racing product (Luxbet BOB)

When it comes to betting products on horse racing Luxbet was hard to beat. They introduced some of the most competitive bet types in the industry including Best of the Best.

LuxDiv horse racing betting product

Another popular racing bet type introduced by Luxbet was the Luxdiv product. It paid the higher dividend declared by the 3 totes or the official bookmakers starting price.

Luxbet Clubxtra owners and trainers program

Luxbet also ran a horse owner program called Clubxtra. It provided owners and trainers a 12% bonus on winnings for a horse trained or owned by the punter.

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